Hi all,
My wife and I got married May 4 in 2018.
Her income had met the requirements where she was given a Premium Tax Credit to purchase insurance from the marketplace. I had insurance through my job the entire year. After getting married I thought it would be easier to just keep our separate plans and move her to mine start of 2019.
It looks like if we file Married Jointly, our combined income would require us to repay the entire Tax Credit she received. If we do Married Filing Separate can we mitigate this repayment at all? Her separate income still met the requirements for the tax credit.
If not, instructions for Form 8962 Line 9 indicate there is an alternative calculation method for Year of Marriage. How can we use that alternative calculation in TurboTax? It asked us when we got married but still says we need to repay the entire amount.
